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Market move▼ Bearish for Indian equities
Indices continue to trade with significant losses; European shares trade in the green
The brief
- Indian benchmark indices remained subdued in Monday afternoon trade
- Weak global cues and rising crude oil prices weighed on markets
- Rising crude prices weigh on Indian equities, with broader pressure on the Nifty and Sensex
- Treasury Selloff Extends, Stock Futures Slide to Kick Off Jobs Week
- Higher Bond Yields Are Raising Doubts About Europe’s Stock Rally
- Financial Stress Spreads in Europe as Leverage Mounts, BCG Says
- Where is the stock market crisis?
- Are investors expecting too many hikes from the ECB?
Indian shares fall as crude prices surge
Sensex fell 730 points to 73,170.12 and Nifty dropped below 23,000 as crude prices, geopolitical risks and weak global cues weighed on sentiment. Brent crossed $107, and investors lost ₹6 lakh crore; bank and realty shares were among the decliners.
Monday, 28 September
- Indices continue to trade with significant losses; European shares trade in the green